Bitcoin: The Future of Money

Bitcoin has been described as a decentralized peer-to-peer virtual currency that is used like money. Unlike traditional currencies, Bitcoin operates without central authority or banks and is not backed by any government. Roger Ver said, Bitcoin is amazingly transformative because it's the first time in the entire history of the world in which anybody can now send or receive any amount of money with anyone else anywhere on the planetwithout having to ask permission from any bank or government. Eric Voorhees said, like the internet, Bitcoin will change the way people interact and do business around the world.